Other Financial Statement Details (Tables)

9 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Accounts Receivable

Accounts receivable consists of the following (in millions):

	December 31,		March 31,
	2022		2022
Trade accounts receivable	$	1,169.7	$	1,069.5
Other	12.9		9.3
Total accounts receivable, gross	1,182.6		1,078.8
Less: allowance for expected credit losses	7.6		6.2
Total accounts receivable, net	$	1,175.0	$	1,072.6

Summary of Inventory

The components of inventories consist of the following (in millions):

	December 31,		March 31,
	2022		2022
Raw materials	$	207.3	$	163.0
Work in process	679.4		482.8
Finished goods	278.7		208.6
Total inventories	$	1,165.4	$	854.4

Summary of Property, Plant and Equipment

Property, plant and equipment consists of the following (in millions):

	December 31,		March 31,
	2022		2022
Land	$	88.2	$	88.2
Building and building improvements	714.1		674.4
Machinery and equipment	2,624.7		2,471.6
Projects in process	293.4		182.4
Total property, plant and equipment, gross	3,720.4		3,416.6
Less: accumulated depreciation and amortization	2,606.7		2,448.7
Total property, plant and equipment, net	$	1,113.7	$	967.9

Summary of Accrued Liabilities

Accrued liabilities consists of the following (in millions):

	December 31,		March 31,
	2022		2022
Accrued compensation and benefits	$	212.4	$	213.7
Income taxes payable	109.9		121.5
Sales related reserves	552.2		408.1
Current portion of lease liabilities	33.7		33.8
Accrued expenses and other liabilities	348.1		277.2
Total accrued liabilities	$	1,256.3	$	1,054.3